We believe that our edge in this market arises from the combined strength of our people and our platform. Our portfolio management team has, collectively, over one hundred years of underwriting and trading experience. We have knowledgeable teams dedicated to portfolio management, analytics, research, operations and office management. We have chosen to locate the business at the center of the reinsurance market and to invest in a substantial, robust platform. We have built an array of proprietary systems as part of our effort to create and maintain an institutional investment platform.
Our location, scale, relationships and systems provide a significant competitive edge. We remain small enough to be able to adapt quickly to new market environments but, at the same time, large enough to support significant market presence. Our focus is on generating innovative solutions based on our (re)insurance clients needs and to assemble and manage portfolios based on specific investor preferences.
2011 Nephila was the co-winner of the Trading Risk “Derivative of the Year” award for their successful introduction of County Weighted Industry Loss contracts (CWIL™). 2010 Nephila was voted “Best Trading Company/Investor Catastrophe Risk Management" of the year by the readers of the Environmental Finance and Carbon Finance magazines 2009 Winner of the Trading Risk “Investor of the Year” award. A benchmark of professionalism and achievement in a fast developing market 2008 Partnered with Man Investments, a global leader in alternatives 2007 Collateral manager for first (and only) actively managed cat CRO transaction (Gamut Re) 2005 First entity to introduce hurricane climate conditioning to internal catastrophe models 2003 Introduced collateralised coverage and trust accounts to reinsurance market 2001 First to execute private, non-recourse leverage transactions – private ‘synthetic CDOs’ 1999 First active manager to trade ‘live-cat’ risks, helped formulate OTC market trading terms 1997 First dedicated manager in the sector, incubated by Willis Group (3rd largest reinsurance broker)